Colossus Digital Integrates Harmony Network into Institutional Hub
Colossus Digital, a prominent player in the realm of institutional-grade blockchain infrastructure, has revealed its latest development: the integration of Harmony Network (ONE) into the Colossus Institutional Hub. This advancement amplifies the platform’s staking features, allowing institutional clients to manage and delegate Harmony tokens securely while retaining their assets within their custody framework. The Colossus Institutional Hub is specifically designed to operate seamlessly with custodial solutions such as Fireblocks, Ledger Enterprise, and Dfns, facilitating direct staking operations. By incorporating Harmony, Colossus Digital solidifies its role as a pivotal infrastructure provider for institutions eager to tap into yield opportunities within Proof-of-Stake (PoS) networks.
Understanding Harmony Network’s Role
Harmony is recognized as a high-performance Layer 1 blockchain that employs sharding technology, ensuring rapid finality and minimal transaction fees. Its compatibility with the Ethereum Virtual Machine (EVM) allows it to scale effectively while keeping costs low, thereby creating an attractive environment for institutions engaging in decentralized finance. The integration of Harmony into the Colossus Hub introduces essential staking functionalities, including the ability to delegate ONE tokens to validators for staking rewards, undelegate tokens while adhering to the required unbonding period, collect rewards earned through validator activities, and securely transfer tokens across institutional wallets.
Security and Compliance Features of the Colossus Hub
The platform emphasizes stringent adherence to institutional standards for security, compliance, and operational oversight. Key features include Multi-Party Crafting—a secure cryptographic framework that facilitates transaction creation and approval by multiple actors to avoid single points of failure; Transaction Lens—which provides complete visibility into raw transaction data to prevent blind signing; and Decoder—which allows for real-time validation of transaction payloads, ensuring alignment with expected behaviors and minimizing operational risks. Unlike traditional platforms that depend on third-party decentralized applications (dApps), widgets, or iFrames, the Colossus Hub guarantees that all transaction activities remain within the custody layer. This structure reduces the potential for attacks and enhances compliance with both internal policies and external regulatory requirements.
Expanding Supported Networks and Staking Assets
The addition of Harmony is part of Colossus Digital’s ongoing effort to expand its supported networks within the Cosmos and EVM ecosystems. The company is dedicated to broadening its infrastructure to accommodate a diverse array of staking assets, reaffirming its mission to facilitate institutional access to digital yield. This latest integration follows previous support for other significant assets, including Ethereum (ETH), Cosmos (ATOM), Avalanche (AVAX), Secret Network (SCRT), and Polkadot (DOT). Institutions already utilizing the Institutional Hub can seamlessly activate Harmony staking processes without the need to alter their current custody settings.
Institutional Staking and Future Prospects
Lorenzo Barbantini Scanni, CRO and Co-Founder of Colossus Digital, highlighted the rising institutional interest in staking, while acknowledging the existing challenges related to custody alignment and operational readiness. He noted, “The addition of Harmony to the Institutional Hub reflects our commitment to reducing complexity while maintaining institutional-grade control and transparency.” Colossus Digital invites institutional asset holders and validators interested in ONE delegation to explore the advantages offered by the Institutional Hub and its smooth integration with leading custody services.
About Colossus Digital
Colossus Digital, headquartered in Italy, specializes in providing infrastructure solutions for institutional staking and blockchain transaction management. The company offers a range of tools, including the Institutional Hub and Colossus Decoder, enabling custody-native engagement in decentralized networks. By collaborating with top custodians and validator networks, Colossus Digital is working to bridge the gap between traditional finance and the emerging Web3 infrastructure.
About Harmony
Harmony is an innovative, high-performance open blockchain that utilizes data sharding and offers fast finality. Its mission is to foster trust and establish a radically equitable economy. Harmony is designed to be decentralized, scalable, and secure, allowing transactions to settle without the need for trusted intermediaries. By providing an easy entry point into decentralized finance with low fees akin to those of Solana, along with full EVM compatibility, Harmony emerges as a highly attractive option for institutional participants.
